Organized by the Vietnam Chamber of Commerce and Industry, the Chamber of Commerce of the Czech Republic and the Embassy of the Czech Republic, the forum is expected to further boost trade and investment between the two countries.
Two-way trade turnover between Vietnam and Czech Republic just reached 294 million USD in 2014. Vietnam’s export value to Czech Republic was over 218 million USD, while the Czech Republic exported goods valued at only 75 million USD. The Czech Republic expects to narrow the gap of trade between the two sides by increasing exports of goods and services to Vietnam, especially in the technology.
Vietnam is also likely to attract Czech food and medical companies as many want to find strategic partners or distributors for further expansion in Vietnam.
At the conference, Czech firms also showed interest in attracting Vietnamese companies to invest in the Czech Republic. The Czech Parliament has also approved the free trade agreement between Vietnam and the European Union.
